Fundraising Fox

Energize Ventures

Venture capitalActively deploying

Chicago · Series A–Late Stage · 30 people tracked

Also known as ENERGIZE CAPITAL LLC

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Investment thesis

Energize Ventures capitalizes the digitization and decarbonization of complex, critical industries such as energy transition, critical infrastructure, and industrial digitization. The firm partners with entrepreneurs and operators to deliver AI-enabled solutions to climate, energy, and industrial sectors, deploying capital through two distinct investment strategies that share knowledge and networks. Its portfolio spans areas including grid technology, grid visibility, and interconnection solutions.

Source: firm website, verified Aug 3, 2026.

Stage
Series A–Late Stage
Check
$10M – $20M
HQ
Chicago, Illinois, US
Leads rounds
Leads
Instruments
Equity
Founded
2017
AUM
$1.7B
Tracked investments
68

Team · 30 people

from the firm's website & public directories
Honour Masters· Senior Associate - Ventures
James (Jim) Murphy· CEO & Co-Founder of Invenergy, Member of Investment Committeein
Michael Zuffante· Accounting and Finance Associate

What they invest in

from 23 of 68 portfolio companies

AI & Machine Learning ×17SaaS ×12Enterprise Software ×10Climate Tech ×8Energy ×7Advanced Manufacturing ×5Data & Infrastructure ×5IoT ×4

HQs:United States×16Canada×1United Kingdom×1Mexico×1

Investments · 68 tracked

founders shown can be your intro path
Fluence Energyfluenceenergy.comin𝕏NASDAQ: FLNC
Smartcarsmartcar.comin𝕏✓ verified

Smartcar provides an API and integration platform that enables access to connected vehicle data, powering mobility applications and services for consumers and businesses including insurance savings, car-sharing, and electric vehicle adoption.

IoTMobility & TransportationSaaS

Sanketh Katta(Co-Founder)

Amperonamperon.coin𝕏

Amperon provides AI-driven energy forecasting and real-time grid analytics to utilities, renewable generators, and energy market participants across North America, Europe, and Australia.

AI & Machine LearningEnergySaaS

Sean Kelly(Founder & CEO)Abe Stanway(Founder)Timothy Healy(Director)Catherine Flax(Director)Michael D'Aurizio(Director)

Board seatTyler Lancaster· per SEC Form D

Aurora Solar Inc.SEC filingmedium confidence

San Francisco, US

Board seatTyler Lancaster· per SEC Form D · $200M raise · filed Mar 2022

Banyan Infrastructurebanyaninfrastructure.comin

Banyan Infrastructure provides project finance software for renewable energy infrastructure investment, helping lenders, investors, and operators optimize returns across asset classes and technologies.

EnergyFintechSaaSSan Francisco, US

Amanda Li(Executive Officer, Director)William Greene(Executive Officer, Director)Robert Greene(Director)

Board seatJuan Muldoon· per SEC Form D

Halcyon Carbon, Inc.SEC filingmedium confidence

San Francisco, US

Tanuj Dutta(Director)Bruce Falck(Executive Officer, Director, Promoter)Nathaniel Bullard(Director)

Board seatTyler Lancaster· per SEC Form D · $21M raise · filed Mar 2026

Nixtlanixtla.ioin

Nixtla provides enterprise-grade forecasting and anomaly detection platform using AI/ML techniques like TimeGPT for time series analysis.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechMexico City, MX

Max Mergenthaler Canseco(Executive Officer, Director)Toni Schneider(Director)Cristian Challu(Executive Officer, Director)

Board seatJuan Muldoon· per SEC Form D

Nozomi Networksnozominetworks.comin𝕏

Nozomi Networks provides network and endpoint visibility, threat detection, and AI-powered analysis for operational technology and Internet of Things security in critical infrastructure environments.

AI & Machine LearningCybersecurityIoTMenlo Park, US

Andrea Carcano(Co-founder & CEO)Moreno Carullo(Co-founder)Bilal Zuberi(Director)Edgard Capdevielle(Executive Officer, Director)

BoardGiovanni Canetta(Director)Glenn Solomon(Director)

Board seatJohn Tough· per SEC Form D

SINAI Technologies Inc.SEC filingmedium confidence

San Francisco, US

Board seatEileen Waris· per SEC Form D · $13.3M raise · filed Sep 2022

Sitetracker, Inc.SEC filinghigh confidence

Board seatJohn ToughKatie McClain· per SEC Form D · $70M raise · filed Oct 2022

Sourcemapsourcemap.comin

New York, US

Leonardo A. Bonanni(Executive Officer, Director)

Board seatJuan Muldoon· per SEC Form D

Zededa, Inc.SEC filingmedium confidence

San Jose, US

Board seatJuan Muldoon· per SEC Form D · $62M raise · filed Jan 2024

Archivearchiveresale.comin𝕏

Archive provides resale strategy, technology, and operations services to brands looking to build and scale their own resale businesses.

AI & Machine LearningCircular EconomyClimate TechE-commerceRetail TechSaaS

Emily Gittins(Cofounder)Ryan Rowe

Aurora Solaraurorasolar.comin𝕏

Christopher Hopper(Cofounder)

Avathon (spark)avathon.comin

Avathon develops an AI-powered technology platform for industrial operations that extends the lifespan of critical infrastructure and enables autonomous industrial processes.

Advanced ManufacturingAI & Machine LearningDeep TechEnterprise SoftwareLogistics & Supply Chain

Axle Energyaxle.energy

Axle Energy develops software connecting electric vehicles, heat pumps, solar panels, and batteries to electricity markets to balance grid supply and demand without fossil fuels.

CleantechClimate TechEnergyIoTSaaS

bose-beekeeperbeekeeper.ioin
DARK TRACEdarktrace.comin𝕏

Darktrace / Forensic Acquisition & Investigation is a cloud-native forensics product that automates disk-level evidence capture, collection, and preservation across multi-cloud, on-premises, and SaaS environments.

AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwareSaaSCambridge, GB

Delphi

Software to help developers, large energy users, and grid operators navigate transmission interconnection

Drone Deploydronedeploy.comin𝕏

DroneDeploy provides a robotics and AI platform used for data collection and site intelligence across construction, energy, infrastructure, and agriculture.

AgTechAI & Machine LearningClimate TechConstruction TechImpact & Social GoodRoboticsSan Francisco, US

Mike Winn(CEO & Co-Founder)inNick Pilkington(CTO & Co-Founder)inJono Millin(Chief Data Officer & Co-Founder)in

Enbalaenbala.com
Energive

Technology-enabled energy advisory firm unlocking power purchasing for commercial and industrial companies

Energyby5energyby5.com
Feltfelt.comin𝕏

Felt is a mapping platform that converts geospatial data into high-performance maps for data engineers and developers, built on open standards like MapLibre and Tippecanoe with QGIS integration.

Data & InfrastructureDeveloper ToolsTelluride, US

Tomer Alpert(Manager & Chief Executive Officer)Kearston Grace Everitt(Chief Operating Officer)GRACIE EVERITT(FOUNDER)Sam HashemiinRachel Zackin

Finite Statefinitestate.ioin𝕏

Finite State provides an AI-native platform for embedded device and IoT security that integrates security scanning and compliance automation directly into software release workflows.

AI & Machine LearningCybersecurityIoT

Firewatch

Cybersecurity and analytics software for connected devices

Frontstep

All-in-one frontline success platform for the deskless workforce

Greenlitegreenlite.comin𝕏

GreenLite provides construction permitting services using AI and human expertise to accelerate the approval process for builders and developers.

AI & Machine LearningConstruction TechGovTech

James Gallagher(CEO & Co-Founder)inBen Allen(Co-Founder)in

Gridstatusgridstatus.io
GridStronggridstrong.aiin
Halcyonhalcyon.ioin𝕏

Halcyon builds an AI-powered data platform that helps energy industry professionals identify market opportunities, track market shifts, and answer questions about the energy sector.

AI & Machine LearningData & InfrastructureEnergy

Handlehandle.comin𝕏

Handle builds a construction data platform that unifies fragmented invoices, projects, payments, and documents into a single data graph.

AI & Machine LearningConstruction TechData & InfrastructurePropTechSan Francisco, US

Blake Robertson(Founder)inChris Woodard(Founder)inPatrick Hogan(Founder)in

Heliostat

Utility-scale solar design, estimation and optimization software

Instalilyinstalily.aiin𝕏

InstaLILY builds Lily, an AI engineer designed to automate work in manufacturing, logistics, and maintenance-intensive industries.

Advanced ManufacturingAI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS

Joltchargejoltcharge.comin
Jupiterjupiterintel.comin
Kaarta

Reality capture platform transforming the way businesses collect, manage and interpret data

Pittsburgh, US

Marcel Bergerman(Director)Robert Dobkin(Director)Sanjiv Singh(Director)Kevin Dowling(Executive Officer, Director, Promoter)Ji Zhang(Director)

Kasada

Artificial intelligence software to predict threats to workers and critical infrastructure

Magnamagna.com

Magna is one of the world's largest automotive suppliers that provides vehicle systems and manufacturing expertise to automakers in North America, Europe, and China.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareMobility & Transportation<UNKNOWN>, CA

Mapbox

Collaborative mapping platform for teams to create, edit, and share geospatial data in real time

Matroidmatroid.comin𝕏
MobiledgeX

Operating management and orchestration platform for the distributed edge

Mobileye

Autonomous, electric shared mobility solutions for geofenced deployments

Montamonta.comin
NCXncx.com
Nira Energyniraenergy.comin𝕏

Nira provides software tools that replicate ISO interconnection study processes for power generation developers and grid operators to evaluate transmission injection capacity and interconnection feasibility.

Advanced ManufacturingCleantechClimate TechData & InfrastructureEnergyEnterprise SoftwareSaaS

Chris Ariante(Founder)inAndy Chen(Founder)inAndrew Martin(Founder)inAmir(Vice President of Interconnection)in

NTIA

End-to-end SBOM solutions for reducing software supply chain risk

Patchpatch.ioin𝕏

Patch provides AI-native software and market data to help enterprises navigate environmental markets and scale climate action programs.

AI & Machine LearningClimate TechEnterprise SoftwareSaaS

Persefonipersefoni.comin𝕏

Persefoni provides carbon accounting and climate training tools for portfolio company engagement.

AI & Machine LearningClimate TechEnterprise SoftwareFintechSaaS

Greg Lyons(Director)Kentaro Kawamori(Executive Officer, Director)Daniel Ahn(Director)Allison Herren Lee(Director)Jason Frederick Offerman(Executive Officer, Director)Audrey Constant(Director)

Powtech

Unified platform automating electric grid compliance and operations

Pvcasepvcase.comin
Renewd

Technology solution for brands to launch and scale profitable resale businesses

Roadie

Intelligent deployment operations software for sustainable infrastructure

Sensormatic

Computer vision software for eliminating human error in manufacturing machinery

SINAIsinaitechnologies.comin𝕏

SINAI provides a technology platform that helps organizations measure, reduce, and report carbon emissions across their operations and value chains.

AI & Machine LearningClimate TechEnterprise SoftwareSaaSSan Francisco, US

SINAIsinai.comin𝕏

SINAI provides software to help companies measure, reduce, and report their carbon emissions and develop decarbonization strategies.

Advanced ManufacturingAI & Machine LearningClimate TechEnergyEnterprise SoftwareSaaSSan Francisco, US

Maria Fujihara(Founder)inAlain Rodriguez(Founder)in

Stratos

Software platform for construction payments and notice management

Sunrun

Integrated operating platform powering the EV charging ecosystem

Sybridgesybridge.com

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Energize Ventures invest at?
Energize Ventures invests at the Series A, Series B, Series C, Growth, Late Stage stages.
What is Energize Ventures's typical check size?
Energize Ventures typically writes checks of $10M – $20M.
What sectors does Energize Ventures focus on?
Energize Ventures focuses on Advanced Manufacturing, AI & Machine Learning, Cleantech, Climate Tech, Deep Tech, Energy, SaaS.
Where is Energize Ventures located?
Energize Ventures is headquartered in Chicago, US.
Does Energize Ventures lead rounds?
Yes, Energize Ventures leads investment rounds.

From the blog

visit blog ↗

Energize recently celebrated an acquisition exit of portfolio company DroneDeploy while publishing frameworks for evaluating AI solutions in energy and industrial sectors, and led a Series B investment in InstaLILY, an AI platform addressing labor and efficiency constraints in construction and distribution. AI summary

Media · Podcasts & interviews

featuring the team

Ep 49: Juan Muldoon - Partner, Energize Ventures

Energy Impact Center · Juan Muldoon

Images

Energize Ventures photoEnergize Ventures photoEnergize Ventures photo

Co-investors · 16

Energy Impact Partners

Energy Impact Partners is an investment firm that connects entrepreneurs with major corporates to help transform the global economy toward a more sustainable future.

Both backed · 5
Fluence EnergyFinite StateVoltaAsset Mgmt for Distributed InfrastructureUrbint
$5M – $20M
Lux Capital

Lux Capital's portfolio page showcasing select companies across science and technology sectors including AI infrastructure, aerospace, biotech, and productivity software.

Both backed · 2
ZededaAurora Solar
$100K – $100M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

Both backed · 1
$200K – $40M
Bain Capital Ventures

Bain Capital Ventures is the venture arm of Bain Capital, backing founders from incubation and seed through growth-stage, leveraging Bain Capital's global platform, industry expertise, and network.

Both backed · 1
$1M – $100M
H.I.G. Growth Partners

H.I.G. Capital is a private equity firm with roughly $75 billion in assets under management, over 500 investment professionals, and 18 offices worldwide. Its H.I.G. Growth platform makes majority and minority growth investments in technology-oriented businesses across North America, Europe, and Latin America, working with management teams on operational improvements.

Both backed · 1
Asset Mgmt for Distributed Infrastructure
Benchmark

Benchmark is a venture capital firm with offices in San Francisco and Woodside that invests in early-stage startups.

$100K – $30M
Headline

Headline is a venture capital firm that invests in early-stage consumer internet and mobile companies across global markets.

$661K – $103M
Creandum

Creandum is a venture capital firm that backs early-stage technology companies before their potential becomes obvious.

$216K – $8.6M
Footwork

Footwork is a San Francisco-based venture firm that leads and co-leads Seed and Series A rounds in companies showing early product-market fit, focusing on consumer technology and the consumerization of enterprise technology.

$1M – $15M
Cisco Investments

Cisco Investments is the corporate venture arm of Cisco, investing in, merging with, or acquiring fast-growing technology startups. Over more than thirty years it has backed hundreds of companies across areas such as infrastructure, cloud, security, and AI.

NewView Capital

NewView Capital is a venture capital firm that provides flexible capital to growth-stage companies, investing on a primary, secondary, or hybrid basis and offering operational guidance on scale-up decisions.

Conviction

Conviction Partners is a venture firm focused on AI-native, 'Software 3.0' companies, aiming to be an early and often first investor in startups translating AI models into transformative products.

$1M – $25M
4 more co-investors

Samsung NextbyFoundersThayer VenturesGreenPoint Partners

Firms observed investing alongside Energize Ventures, from public investor directories. Shared companies are the overlap with Energize Ventures's recorded portfolio.

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